Bitcoin Price History 2010-2021 in 2 minutes can help you to be less panic

[anarkiboy]

it will surely rise again

Will you give it to me on paper, signed that this is a financial advice you're giving ? and that you will refund me if it doesn't rise again ?
You can send me digitally signed PDF as well.

These people  

[Mia Chloe]

Bitcoin is one crypto currency that has one of the highest returns over a long period of time and that is the reason a majority of bitcoin holders often constantly emphasize on long term holding. Some alt coins may have good profits over a very short period of time. However when it comes to long term store of value and continuous long term returns in profit, bitcoin is the best option.

I have often times come across a couple of topics with discussions concerning if bitcoin is gradually drifting from it's initial plan of a P2P currency. The fact is bitcoin being a good form of investment overtime  just can't be over looked.

[dezoel]

This type of stuff is the thing that makes it so entertaining to own bitcoin, because we know that it is going to do fine and we have lived this and we know that it will do the same again. I know that there are a lot of people who are new to this market and that's why they do not know what's going to happen, but that doesn't mean that we are going to keep dropping, as we can see here that it is going to have ups and downs, and when there are downs, ups are on their way as we can see here.

Just this week, in the last few days, we have seen a big drop but then we have seen a big recovery as well, all within the same week and yet people still doubted it, which is questionable if you have been around for a while, you shouldn't feel that way at all. I have been here for a long time so I knew that this would be nothing at all and I ended up doing fine, because I knew that it would go back up and that's why I was holding it and did not sell.

Many people who have been here for a long time did the same thing, in fact most of them even bought more because they knew that it would recover, and I think it is going to be easy to see both of those things being possible, as long as you have money you buy, if you don't then you hold.

[kryptqnick]

The video is there
https://www.youtube.com/watch?v=cxrffRNJNKM

It is for Bitcoin price history from 2010 to 2021, not till today in 2024, in live action. By watching this live price video, we can feel how challenge it was for people who owned and held bitcoin previous years, especially in very earliest years.

By watching this, it can help newbies to feel more confident on Bitcoin survival and its strength, to give them own strength to be less panic, and hold their bitcoin.

Be strong and keep holding your bitcoin. If you sale off in panic, you will be like many people in the past.

I like how it's made. It's good to see how Bitcoin price moves over time, and how at some points during the bull markets the scale rapidly changes because of how far Bitcoin is getting. However, I think that somehow a video like this makes an impression that Bitcoin is growing enormously during each bull run, at least that's how it looks on the scale. But that can lead to a wrong assumption that Bitcoin can easily grow 10x in the next bull run, which isn't true. It was 20x growth between 2013 and 2017, but only 3x growth between 2017 and 2021. Then it was less than 2x between 2021 and 2024. The multiplier's reduction is an important thing for newbies to notice to avoid forming unrealistic expectations.

[coiningz]

That's true, we must know our history to not repeat erros of the past (sell during dips)

[Sexylizzy2813]

It is easy said than done, OP I agree with all you said and you can't use the past to motivate newbies of today (well you can with some newbies) who find it hard to let go when it comes to situation where the price of Bitcoin is losing the strength of giving them profit, they have no choice I mean some newbies to sell instead of to hold and wait because Bitcoin always go down and when it starts bouncing back up it give a massive return, so I'd say is a very hard one to hold when the price isn't favorable to some newbies. Is only if they are being monitored by someone who they see as a mentor or something, but aside from that they'll do things the way they feel is better to avoid losing.

[Mr.right85]

it will surely rise again

Will you give it to me on paper, signed that this is a financial advice you're giving ? and that you will refund me if it doesn't rise again ?
You can send me digitally signed PDF as well.

These people  

The question is,
Why should anyone do that for you? Why would anyone go the length of signing a document just to prompt you to invest while they’ve got no gains from the investment and could be at the risk should it come to a loss, which would be largely due some  poor management from you!
It’s okay, at least at your level to not invest or believe that Bitcoin does dump and pump.

It doesn’t make sense trying to dispute or not make meaning out of what is right before you. Bitcoin has been and still is a very volatile currency, from even your own observation, price haven’t dumped and stayed that way. It always pumps as at time due.

That’s the rise being talked about, you hold until it happens but, in Bitcoin for sure.

[anarkiboy]

it will surely rise again

Will you give it to me on paper, signed that this is a financial advice you're giving ? and that you will refund me if it doesn't rise again ?
You can send me digitally signed PDF as well.

These people  

The question is,
Why should anyone do that for you? Why would anyone go the length of signing a document just to prompt you to invest while they’ve got no gains from the investment and could be at the risk should it come to a loss, which would be largely due some  poor management from you!
It’s okay, at least at your level to not invest or believe that Bitcoin does dump and pump.

It doesn’t make sense trying to dispute or not make meaning out of what is right before you. Bitcoin has been and still is a very volatile currency, from even your own observation, price haven’t dumped and stayed that way. It always pumps as at time due.

That’s the rise being talked about, you hold until it happens but, in Bitcoin for sure.

Oh great, another one that promises me fortunes!

Why ? because you tell people it will surely go up when given enough time but no one can be sure of that.
By telling people to invest because it's 100% sure win, you are lying and putting people in danger.

So maybe stop telling people they will 100% gain money from holding Bitcoin ? because it may happen that some people lose a lot of money because of this "advice".
And if you really want to give this kind of assurance, give it on paper - put your money where your mouth is.
After all, you are SURE it will go up, so you have nothing to lose.

I swear, some people shouldn't have access to the Internet.  

[Lucius]

~snip~
I doubt Bitcoin will ever get to 100k, I think it's already struggling to stay where it is.

If we had this discussion 10 years ago, you probably would have written that the price of Bitcoin will never reach $10 000, and 5 years ago that it will never reach $50 000 - that means that only the numbers change, and the opinions of people like you remain the same - do you have a picture of Warren Buffett above your bed?

I have made a lot of money in the past 20 years from investing, mainly in tech companies so I think I can speak about investments  

When did you start trading, in the nursery? I ask because you obviously still consider yourself a "boy" (because of your name), and if what you say is true, then you are at least 40 or more years old, so I am surprised that someone with "20 years of experience" thinks that Bitcoin has reached its full potential (in terms of price). Obviously, those characters who manage companies with trillions of dollars have no idea what they are doing - maybe you should look for a job at BlackRock or try to save Saylor and his company from failure?

[anarkiboy]

~snip~
I doubt Bitcoin will ever get to 100k, I think it's already struggling to stay where it is.

If we had this discussion 10 years ago, you probably would have written that the price of Bitcoin will never reach $10 000, and 5 years ago that it will never reach $50 000 - that means that only the numbers change, and the opinions of people like you remain the same - do you have a picture of Warren Buffett above your bed?

I have made a lot of money in the past 20 years from investing, mainly in tech companies so I think I can speak about investments  

When did you start trading, in the nursery? I ask because you obviously still consider yourself a "boy" (because of your name), and if what you say is true, then you are at least 40 or more years old, so I am surprised that someone with "20 years of experience" thinks that Bitcoin has reached its full potential (in terms of price). Obviously, those characters who manage companies with trillions of dollars have no idea what they are doing - maybe you should look for a job at BlackRock or try to save Saylor and his company from failure?

No point to argue today, I will link you to this thread in 2034.

But the difference here is that I said I doubt it will go to 100k, I didn't said I'm sure it won't go to 100k.
People who say they are sure it will go up are bonkers and shouldn't give any advice to anyone.  

Just look up this idiots above, I wouldn't have anything against someone who believes it will go up but giving it as an advice for investing is disgusting.
Maybe I'm being too "touchy", people really believe in BTC going up forever and think they are doing good by sharing their love  

Will be back in 2034 to confront it. 

[Lucius]

No point to argue today, I will link you to this thread in 2034.

There is no point in waiting 10 years to prove something - I will link you when the price reaches $100k, and that will probably be much sooner than you think.

But the difference here is that I said I doubt it will go to 100k, I didn't said I'm sure it won't go to 100k.
People who say they are sure it will go up are bonkers and shouldn't give any advice to anyone.  

Regardless of the way you interpret it, it is quite clear to me what you think about it. You completely ignore the success that Bitcoin achieved from 0 - $70k+ in some 15 years, and at the same time, without any logic, you think that this is the maximum that it will ever achieve.

Just look up this idiots above, I wouldn't have anything against someone who believes it will go up but giving it as an advice for investing is disgusting.

I do not advise anyone to invest in anything, not even Bitcoin, but I will always advise people to choose Bitcoin among all available altcoins - after all, we are on a Bitcoin forum and there is nothing strange that people give such advice. Calling people idiots because of that is a bit idiotic - I was called that by some people when I advised them to invest $200 and buy 1 BTC some ten years ago - today they feel a bit like idiots, but at the end of the day everyone decides for themselves.

[anarkiboy]

Regardless of the way you interpret it, it is quite clear to me what you think about it.

I am not here to argue with you, but will point out that you are making interpretations of what I wrote and again - I used word doubt not sure so your interpretation really doesn't matter.

 

Have a great day 

[Catenaccio]

But that can lead to a wrong assumption that Bitcoin can easily grow 10x in the next bull run, which isn't true. It was 20x growth between 2013 and 2017, but only 3x growth between 2017 and 2021. Then it was less than 2x between 2021 and 2024. The multiplier's reduction is an important thing for newbies to notice to avoid forming unrealistic expectations.

With bigger market cap, it's harder to grow with same ROI like past cycles and we will see smaller ROI with future cycles but if price can maintain at high price area and continue to grow more with time, Bitcoin will be a good asset for investment.

People who believe in callings like Bitcoin will make 10x price growth in 2024 cycle or 2028 cycle, are lack of basic knowledge about finance and financial market. If they believe in such calling, they will lose money by buying at top and wait for higher highs that will not happen in a current cycle, then they stuck in a bear market and will have to make hard choice, exit with loss or hold with less confidence.

[pawanjain]

Holding bitcoin isn't as easy as it sounds. We need diamond hands in order to hold it for a longer time.
I have been there and I have seen how hard it can be seeing bitcoin price falling more than 80%.
You start doubting yourself and start panicking. The market will tell you to sell but you will still have to hold.
But once the price stars recovering you will feel the joy of holding and you won't be able to comprehend how happy you are when bitcoin touches a new ATH.

[goldkingcoiner]

The video is there
https://www.youtube.com/watch?v=cxrffRNJNKM

It is for Bitcoin price history from 2010 to 2021, not till today in 2024, in live action. By watching this live price video, we can feel how challenge it was for people who owned and held bitcoin previous years, especially in very earliest years.

By watching this, it can help newbies to feel more confident on Bitcoin survival and its strength, to give them own strength to be less panic, and hold their bitcoin.

Be strong and keep holding your bitcoin. If you sale off in panic, you will be like many people in the past.

The biggest reason why newbies panic is because their chart is zoomed into daily, hourly, or even 5 minute. Every time they see a cascade of red candles, their mind immediately tells them to panic sell. Why? because the candles are big. That is the whole reason.

They need to zoom out and stop flip flopping on what is supposed to be a long term investment.

[Kemarit]

The video is there
https://www.youtube.com/watch?v=cxrffRNJNKM

It is for Bitcoin price history from 2010 to 2021, not till today in 2024, in live action. By watching this live price video, we can feel how challenge it was for people who owned and held bitcoin previous years, especially in very earliest years.

By watching this, it can help newbies to feel more confident on Bitcoin survival and its strength, to give them own strength to be less panic, and hold their bitcoin.

Be strong and keep holding your bitcoin. If you sale off in panic, you will be like many people in the past.

It could help, but we can't do anything about those who panic and pushes the sell button during the dip, and maybe others might not agree, but it's good to have that kind of experience and so you will know what mistakes you committed and perhaps the next time you encounter this kind of market correction, you should at least know what to do then and not sell at all.

And then think of the better option, why not continue to accumulate so that you can have more BTC. And then you evolved, you look at the bigger picture and then the video that you posted might reinforced our beliefs although we have seen how resilient Bitcoin is thru its past historical logs.

[Popkon6]

The video is there
https://www.youtube.com/watch?v=cxrffRNJNKM

It is for Bitcoin price history from 2010 to 2021, not till today in 2024, in live action. By watching this live price video, we can feel how challenge it was for people who owned and held bitcoin previous years, especially in very earliest years.

By watching this, it can help newbies to feel more confident on Bitcoin survival and its strength, to give them own strength to be less panic, and hold their bitcoin.

Be strong and keep holding your bitcoin. If you sale off in panic, you will be like many people in the past.

This must have happened to some people who were not confident in cryptocurrencies. If you want to invest in the current time, you must follow the DCA method and it will be long-term and the purchase price of Bitcoin will be controlled. In the current bullish Bitcoin market, many people are not brave enough to invest in Bitcoin. This was also the case in the past. 

Because the Bitcoin market has been booming since its inception, so if any investor is participating in Bitcoin, he must follow the DCA method to ensure long-term investment, which is possible to survive in the present time and hold on to Bitcoin.

[Emmanuelex]

Sure it's good that people learn about Bitcoin price history, so they would know that Bitcoin always survives every downfall. But also years back, I would usually see some people asking questions as to whether bitcoin would become stable or not, and in these current times, I feel we might be getting to a stage where Bitcoin would be such. But let's watch and see what happens. Always hoping for the best.

[anarkiboy]

Sure it's good that people learn about Bitcoin price history, so they would know that Bitcoin always survives every downfall. But also years back, I would usually see some people asking questions as to whether bitcoin would become stable or not, and in these current times, I feel we might be getting to a stage where Bitcoin would be such. But let's watch and see what happens. Always hoping for the best.

So far volatility has been only increasing... and if looking into past was like looking into the future then everyone would be a millionaire.  

Bitcoin is not digital gold, it's just a software, a piece of code - outdated on top of that.
If it was updated according to demand then it would be worth more but today it's just an outdated transaction processor that has more problems than it's worth.

[Lucius]

~snip~
Bitcoin is not digital gold, it's just a software, a piece of code - outdated on top of that.
If it was updated according to demand then it would be worth more but today it's just an outdated transaction processor that has more problems than it's worth.

I am now sure that you have already spammed with similar nonsense with some of your other accounts in the past - but that only means that you are there for a reason to spread FUD - whether it is because someone is paying you for it (unlikely) , even more so that you are very likely to be disappointed because you missed the opportunity to profit on Bitcoin while you were earning some small change trading shares (allegedly).

You better stop making a fool of yourself, because if you're not interested in Bitcoin, who the hell are you doing on this forum?